Summary by Futu AI
Guoquan Food (Shanghai) Co., Ltd. ("Guoquan") announced that it has received a filing notification issued by the China Securities Regulatory Commission on August 23, 2024, approving its implementation of the H-share full circulation plan. The plan involves the conversion of 11,353,576 domestically unlisted shares held by the shareholder Moutai (Guizhou) Investment Fund Partnership Enterprise (Limited Partnership) into an equal number of H-shares. The filing notification is valid for 12 months from August 23, 2024. Guoquan will apply for the listing and trading of the H-shares on the main board of the Hong Kong Stock Exchange ("HKEx"). As of the announcement date of August 28, 2024, the specific implementation plan for conversion and listing has not been determined, and the company will announce progress at the appropriate time in accordance with listing rules and relevant laws and regulations. Shareholders and potential investors of the company should exercise caution.